Flag pattern on the Weekly chart of Muthoot Finance

Updated
Daily RSI is above 60 and Monthly RSI is taking support at 60. Volumes seem healthy on bullish days. Finance stocks in general are a little slow today, but the potential exists. An ideal entry might have been when the price first closed above the 50MA on the Weekly chart.

MUTHOOTFIN
Note
Strong move after breakout!
breakoutbreakouttradingChart PatternsFLAGTechnical IndicatorsMUTHOOTFINpriceactionpriceactionbreakoutTrend Analysis

Also on:

Disclaimer